Fannie Mae-No Politics (FNMA)

[jog49]

$10,653,531,299,397.56

Isn't this way more assets than previously thought for Fannie Mae?

This is one of the reasons the warrants were set, by design, at a 79.9% rate. The government, at 80%, would have been forced to add this amount to the already swollen deficit which nears $20,000,000,000,000. When one considers what Freddie Mac might have in assets, the number then become astronomical!